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20100401
20100430
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think, greta. host: we'll move to the republican line. caller: michigan mitchell, i'm sorry. host: i'm sorry. caller: i think the wall street reform is unnecessary. unless we deal with the federal reserve, nothing is going to matter. we have the federal reserve, which artificially holds interest rates low. our rates are not set by the free market which causes the gross distortion and moral hazard. people make unwise decisions because of this. we can't deal with wall street reform. i hear a lot of people calling up about jobs and how president obama should be worrying about jobs. his job is to be commander and chief of the military. it is becoming so much so that he's having to be some what responsibly for all aspects of the economy, our personal lives. it's been going on for decades now. the main thing is the federal reserve. no one wants to talk about. nothing is going to change. >> that will have to be our last word on this. the debt commission will meet on tuesday next week, not monday as i incorrectly stated before. we are going to turn to the debt. the debate that's happening he
their loans from taxpayers. are we on our way to recovery? guest: greta, i wish i could say we were on our way to a vigorous recovery. we certainly are on our way to recovery. the business cycle follows isleton's law, but in reverse. everything that goes down eventually -- follows isaac newton's law, but in reverse. everything that it goes down and eventually comes up. the stock market is recovering in part because corporate earnings are up, and corporate earnings are up largely because companies have sliced their payrolls. they have cut their cost and, again, their payrolls, their employees, are their biggest cost. many companies are going abroad for sales. they're also going abroad for workers. so, what is good for america's big companies in terms of their property -- profitability and american stock market may not be necessarily good for american workers. we are seeing in this recovery a little bit of a two-tiered recovery, that is, big companies and wall street are doing very well. their workers and employees are doing ok. small businesses are doing badly. people on main street still are w
: greta, i watch you all the time. i have two statements. host: make it quick, mary. caller: yes, i will. regarding meeks, everyone keeps forgetting about meeks. one lady said yesterday that democrats need to vote for meeks. i'm going to be there. i'm going to vote for meeks. but see how republicans push everyone out, getting this rubio guy in there, the tea party. you're fooling yourself if you think rubio will win, but that's another story. guest: as far as meek goes, he's a fromi -- formidable candidate, a state trooper, an african american who can rally votes back there. and you have a race between meeks, rubio, and crist, it would seem to look good for meeks, because you would have crist and rubio duking it out for conservative votes. host: winston-salem, north carolina. larry, independent line. good morning. caller: one quick comment. a lot of people in this nation have forgotten we're a republic, not a two-party system or otherwise. this is the first time i've done this in my life, i hate what is happening to our nation. it's being torn asunder. i am sick of it. these people who g
Search Results 0 to 2 of about 3